Now that you've nailed subscription commerce and billing, it's time to simplify your financial processes. Zuora has you covered. Keep tabs on your accounting and revenue recognition data, and then easily sync up with Workday, NetSuite, or any other accounting system. With Zuora, it's easy to simplify your subscription financials from quote to cash to renewal.
“The best part about Zuora is when I wake up in the morning, I can look at my iPad and see how many deals I closed in my sleep.” — Doug Stradley, Director, Sales
As any CFO will tell you, recognizing revenue for subscription services is 10x harder than a "transaction" based business. But Zuora was built with the subscription CFO in mind. You've got all the tools you need to manage the entire subscription life cycle. That means you can define things like revenue recognition codes and trigger dates, and keep them independent from the way you want to invoice. Whether you need to recognize revenue when you activate a service, or wait until the customer accepts delivery, Zuora has you covered.
Bring on the auditors. With Zuora you have complete control over who is touching what sensitive financial data. You can grant permission to perform key financial transactions so only the right users are managing things like credits and refunds. And when you're ready to close your accounting period, you can lock down Zuora transactions to ensure your financial data won't change. That's audit peace of mind.
NetSuite is great for managing your financials in the cloud. And when you combine NetSuite with Zuora, it finally works for subscription businesses as well. Manage your subscriptions, invoicing and payments in Zuora, and all of your transactions will be right there in NetSuite. And feel free to make changes to things like accounts, payments and credits anywhere, because changes get synced both ways. It just works.
On-Premise ERP systems had their time and place. But for a modern subscription business, it's time to end the legacy of Oracle and SAP and move 100% to the cloud. Zuora's strategic partnership with Workday brings you the only Enterprise SaaS solution that Fortune 100 companies can trust to replace their legacy ERP systems. Leave the hardware, software and 3 year upgrade cycles where they belong: in the past. Join the cloud revolution and tap into constant innovation.
Zuora's platform makes integration to any accounting system easy, regardless of whether you're just getting started with QuickBooks or are a SAP shop through and through. With Zuora, you can easily tag Zuora transactions using your general ledger codes to quickly summarize the data you want to transfer. Zuora's pre-built Transferred to Accounting logic even helps you lock transactions independently from your accounting close lockdown, making data integrity a breeze.
Zuora's cloud platform is 100% multi-tenant. That means we can innovate at an incredible pace and automatically pass on that innovation to our customers without the hassle of upgrades.
Watch this short demo and learn how Zuora can help you.
Subscription Management Resources.